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Stunning Dream Doors Showroom In Tunbridge Wells For Sale

Tunbridge Wells, Kent, UK
Asking Price:
£65,000 Furniture / Fixtures included
Turnover:
£500K - £1M
Net Profit:
£50K - £100K

This Dream Doors showroom, set in a prime location in Royal Tunbridge Wells, has just come onto the market.

This was not a planned sale but, due to personal circumstances, the owner's family need to sell the business quickly. This is reflected in the price.

What would you be buying?

The showroom assets on their own are worth a lot more than the asking price but, in addition, there is over 7 years of local exposure with hundreds of satisfied customers. That level of goodwill doesn't grow overnight.

The business has average customer scores of 9.93/10 on the independent consumer monitoring website, Checkatrade.

A recent customer, who scored 10/10, posted: "My kitchen has just had a complete refit by Dream Doors. From first visiting the Tunbridge Wells showroom, to signing off the finished project, my experience has been a pleasure, Great products, all the colours you could possibly expect, so helpful with their information, and totally no pressure. Work started on time, by pleasant, polite, caring, respectful and professional fitters, I am so very happy with my beautiful kitchen, Thank you Dream Doors".

You will also be purchasing the franchise territory and get the same training, support and expertise that all new Dream Doors franchisees receive.

The business achieved an annual turnover just above £800,000 last year. This puts it in a strong and profitable position, placing it 32nd out of 85 showrooms. The top franchise last year hit £1.6 million and, with the right ambition, there is no reason why someone couldn't achieve this in Tunbridge Wells.

You don't need any previous experience to run a Dream Doors franchise. Hardly any franchisees have come from the kitchen industry, and less than a third had ever run a business or been self-employed before.

This is a full-time owner operator type business, so not suitable for investors. Most Dream Doors franchisees are either talented individuals, couples or family businesses, and all live local to the operation.

To find out more about this exciting new opportunity, get in touch with Dream Doors today.

Property Information

Property:

Leasehold

Lease Terms:

A new lease would be agreed to run in parralel with a new franchise agreement.

Leasehold Rent:

£20,000 per annum

Location:

The showroom is based in Tunbridge Wells, and in a very prominent position.

Premises Details:

This flagship showroom is one of the best examples in the Dream Doors network. It has several displays showcasing the quality products that make Dream Doors the premium brand in its sector.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There is huge potential to increase sales and profits. Top franchisees top £1Million in sales every year and enjoy 15%-20% net profits.

Competition / Market:

The kitchen industry is competeitive, and that's because kitchens are being bought and fitted every day throughout the UK. Dream Doors, as the largest kitchen makeover business, has many competetive advantages over traditions kitchen companies and other makeover operators.

Reasons for selling:

An unexpected change in personal circumstances.

Trading hours:

9am to 5pm, Monday to Saturday. Closed Sundays.

Employees:
3
Years established:
7

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Five years with no fees to renew for further five-year terms.

Other Information

Support & training:

Dream Doors provides award-winning training and support. A UK Top 100 franchise, and established member of the BFA, Dream Doors is also part of Neighbourly, the world's largest parent companuy of home services brands.

Financing available:

Yes, through banks and other lenders.

Furniture / Fixtures value:
£35,000 - included in the asking price
Inventory / Stock value:
£1,500
Website:
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